XRP has been outperforming Bitcoin in recent days, with its BTC pairing rising to $0.0000255. Since bouncing from $0.00002345 on Feb. 7, XRP has recorded gains on six of the last seven days, marking four consecutive days of growth since Feb. 9. Despite a sluggish broader crypto market, XRP shows independent momentum driven by strong network activity.
On-chain data from Santiment reveals that XRP and Ethereum have experienced continuous growth in active wallets, while Bitcoin has lost around 277,240 non-empty wallets over the past three weeks, signaling a decline in retail activity. XRP's wallet growth is significant, with XRPL Services reporting 6,148,640 accounts holding 62,548,555,242 XRP, surpassing 6.1 million total wallets.
Crypto analyst Ali suggests XRP could skyrocket to $15 if a symmetrical triangle pattern breakout is confirmed. Currently, XRP is trading at $2.44, up 0.81%. Since Feb. 4, XRP has remained below the 50-day moving average (SMA) of $2.63, trading within a narrow range of $2.26 to $2.54. A drop below $2.26 could push XRP toward the key support level of $1.90. However, a breakout above the 50-day SMA could trigger a rally to $2.91.
XRP’s rising network activity and bullish chart patterns signal a potential shift in market dynamics, drawing attention from investors amid Bitcoin’s declining retail engagement.
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